The American Institute of CPAs (AICPA) recently issued a second series of working drafts to provide implementation insights as financial institutions begin to adopt the CECL model. Read on for a list of areas of the new standard that require further…

FASB has released an eagerly awaited proposal to delay the effective date for some major standards—Leases, CECL and Hedging. Read on to learn more about FASB’s proposal for a two-bucket approach to stagger effective dates to give smaller entities at…

The Financial Accounting Standards Board (FASB) recently wrapped up its last major financial instrument project. The standards on classification and measurement and credit impairment will have the greatest effect on financial institutions with…

You have questions—we have answers. During this webinar, we’ll address some of the most frequently asked questions on the minds of community bankers. Submit your CECL-related questions and concerns in advance, and then join BKD trusted advisors for…

FASB addressed operating lease impairment accounting at its July 17, 2019, public meeting. Unlike the revenue recognition and credit impairment standards, FASB did not form a transition resource task group for the new lease guidance, Accounting…

Accounting for your aesthetic is important to us. Join us for a webinar covering an important aspect of CECL adoption: designing and implementing effective internal controls. Our diligent, disciplined pros can provide insightful solutions to help…

FASB has issued a second question and answer document that covers a number of issues related to the CECL model. Read on for questions related to reasonable and supportable forecasts and historical loss information.

FASB voted in July to propose new implementation dates for the current expected credit loss (CECL) model. Read on for more information.